NerdWallet (NRDS) Announces New $50 Million Share Repurchase Program

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NerdWallet Announces New $50 Million Share Repurchase Program

September 9, 2024 4:30 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- NerdWallet, Inc. (Nasdaq: NRDS), which provides trustworthy financial guidance to consumers and small and mid-sized businesses (SMBs), today announced that the Companys Board of Directors authorized a new share repurchase program. Under the new program, the Company may purchase up to $50 million of shares of its Class A common stock from time to time, as market conditions warrant.

The Companys proposed repurchases may be made in the open market, in privately negotiated transactions, or otherwise in accordance with applicable securities laws and other requirements. The... More